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Search Results 0 to 7 of about 8 (some duplicates have been removed)
Current
Nov 28, 2012 8:00pm PST
fiscal cliff or the austerity bomb. either way the country is just 34 days away from the mix of hundreds of billions of dollars with expireing tax cuts. the president called on voters though pressure congress for a deal that would freeze taxes for 911%98% of for american families. >> call members of congress, write them, e-mail, post it on their facebook wall. tweet it by using the hash tag "my 2 k." >> if the latest "washington post" "abc news" poll is correct, the 06% 60% said they supported, and oklahoma congressman tom cole told politico last night i quote i think we ought to take the 98% deal right now. it doesn't mean that i agree with raising the top two i don't. but house speaker john boehner disagreed with that call. >> i told him that i disagreed with him. >> eliot: he seemed more interesting in attacking the president than finding common ground. >> as the speaker said we have done our part. we have pup revenue on the table. we have not seen any good faith effort on the part of this administration to talk about the real problem that we're trying to fix. >> eliot: the f
Current
Nov 26, 2012 5:00pm PST
. [ ♪ theme music ♪ ] >> eliot: good evening i'm eliot spitzer and this is "viewpoint." will fiscal cliff jumpers drive the country off a financial brink and into a new year recession? does it matter if the parties can't come together and use a more fitting metaphor defuse the austerity bomb that threatens to explode the economy and could decades of republican orthodoxy on rejecting new revenues finally be coming to an end? with the senate in session for 36 days to go before hundreds of billions of dollars in tax cuts hikes and cuts take affect, white house press secretary repeated everything including entitlement programs would be part of the talkings. talks. meanwhile, many are turning their back on the pledge to grover norquist. >> times changed significantly and i care more about this country than i do about a 20-year-old pledge. >> i agree, a pledge signed 20 years ago is for that congress. >> i'm willing to generate revenue. it's fair to ask my party to put revenue on the table we're build historic averages. >> it does appear that speaker boehner is open to talk about revenue entitlement re
Current
Nov 27, 2012 5:00pm PST
conclusion. or so we thought. with the impending austerity bomb better known as the fiscal cliff, quickly approaching both sides seem to think of a way to push for the deal they want is to take their case to the american public. today, the white house announced the president will travel to a manufacturing facility in pennsylvania on friday for campaign-style event designed to boost public support for a package that includes tax rate increases for the wealthy. not to be outdone speaker boehner announced that house republicans would be making similar appearances across the country, going to small businesses to speak about the "threat to jobs posed by congressional democrats" small business tax hike. while members of congress plan to take their case to the american people, the afl-cio is planning to take the american people to members of congress sending 33 local union leaders to capitol hill to push members of congress to let the bush tax cuts expire and leave social security untouched. one positive to emerge from negotiations so far has been that for the first time in recent memory, republ
Current
Nov 20, 2012 5:00pm PST
. >> eliot: the election means a new day and a new deal on the fiscal cliff. robert reich joins us coming up ahead. the first 1,000 days of human life can cause irreparable harm to our brains and our bodies. that's why "current" has partnered with "1,000 days" to help spread the word & combat a problem that ultimately effects all of us. to see how you can help go to current dot com. brought to you by the all new dodge dart. dodge - new rules. >> eliot: how does hp make a mistake this big and i mean big! our number of the day $8.8 billion! that's how much hp says it overpaid for british software company. last year, hp bought autonomy for $11.1 billion. today hp announced that oops,oomi is -- autonomy is worth a fraction of that. autonomy misrepresented its finances. but if hp got hoodwinked, how? how could they miss something they claim is that big. autonomy was audited by deloitte and it was audited by kpmg, two of the big four accounting firms. they didn't notice anything? really? this sale involved a list of banks and law firms on both sides of the deal that are supposed to be in the be
Current
Nov 20, 2012 8:00pm PST
"beyond outrage." we're going to talk fiscal cliff in a minute. before we get there this hp thing has me going nuts! it is wall street at its worst. they paid $11 billion then realized it is only worth a bit over $2 billion. you have every major law firm, accounting firm, investment bank involved. are they that blind and dumb still? can you make sense out of this? >> eliot not only can i not make sense of it but one thing does stand out. you've got goldman sachs you've got citigroup kpmg, deloitte, every major law firm, what are they getting paid for? and they're not getting paid a small amount of money. they're getting paid a large amount of money to check out this autonomy. this particular company that is supposed to be -- it is the second largest software firm in europe. the largest software firm in britain. if there is fraud here, if there is some major accounting error why in the world did these firms that are supposed to be doing due diligence on behalf of hp, not find it. and if they didn't find it, what are they getting paid so much money for? i don't get it. i don't understan
Search Results 0 to 7 of about 8 (some duplicates have been removed)